Notes on The Accounts (Continued)
9.
FIXED ASSETS (Continued)
Plant,
Leasehold
Investment
Motor
fixtures and
land
Buildings
properties
buses
equipment
$000's
$000's
$000's
$000's
$000's
Total
$000's
(b) The company
. M
Cost or valuation:
At 1st July, 2000
12,995
10,247
264,000
11,595
6,773
305,610
Additions
918
249
1,167
Disposals
(3,948)
(175)
(4,123)
Revaluation surpluses
37,000
37,000
At 30th June, 2001
12,995
10,247
301,000
8,565
6,847
339,654
Representing:
Cost
1962 valuation
2001 valuation
11,695
10,247
8,565
6,847
37,354
1,300
1,300
301,000
301,000
12,995
10,247 301,000
8,565
6,847
339,654
Aggregate depreciation:
At 1st July, 2000 Charge for the year Written back on disposals
J
T
T
1,443
109
4,555
5,912
11,910
840
331
1,280
(955)
(175)
(1,130)
4,440
6,068
12,060
At 30th June, 2001
1,552
Net book value:
At 30th June, 2001
12,995
8,695
301,000
4,125
779
327,594
At 30th June, 2000
12,995
8,804
264,000
7,040
861
293,700
Tenure of title to properties:
2001
Held in Hong Kong
- Long leases
8,156
5,911
301,000
315,067
- Medium term leases
4,839
2,784
7,623
12,995
8,695
301,000
322,690
2000
Held in Hong Kong
- Long leases
8,156
5,960 264,000
- Medium term leases
4,839
2,844
278,116 7,683
12,995
8,804 264,000
285,799
26